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Multi-asset impact fund Snowball recruits investment director

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Snowball has announced the appointment of its new Investment Director, Sean Farrell, as it continues the expansion of its investor base. Sean has over 20 years’ experience in private and public markets investing and portfolio composition, both through direct investing and the selection of fund managers. He was previously Global Head of Private Markets for Partners Capital, a leading investment firm with USD40 billion+ assets under management.

Farrell worked in direct private equity investing at 3i, TDR Capital, TPG Capital and Goldman Sachs and has an MBA from Harvard Business School and a BSc from Trinity College Dublin. 

Snowball writes that it is a leading impact investing fund which demonstrates measurable social equity and environmental impact, whilst achieving competitive returns. 

“We are delighted to add Sean’s expertise and he joins Snowball at a key stage, with greater investor demand than ever before. Snowball’s investors are increasing their allocation and our investor base continues to expand as more asset owners realise that values-aligned investment strategies are delivering compelling risk-adjusted returns,” says Daniela Barone Soares, CEO, Snowball. 

“Snowball is an innovator in applying a robust financial risk and return approach and combining this with a best-in-class impact framework to deepen the quality of decision making in selecting and managing investments. I am excited about the opportunity to develop Snowball’s investment approach and portfolio further, and to enhance the risk-adjusted returns and impact for Snowball investors,” says Sean Farrell, Investment Director, Snowball. 

“Investment no longer serves society, but there is a better way. Placing equal emphasis on generating good financial returns and positive impact is the future of all investing,” says Alexander Hoare, Chair, Snowball.

Snowball will shortly publish an independent verification of its impact methodology and impact practices. The firm writes that this is believed to be the first time an asset manager will put the full findings of an impact audit into the public domain.

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